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Mansfield Road, Blidworth, Mansfield, NG21 0RB

East Midlands

£325,000
Listed on 11/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
2146 sqft

Description

This property represents a compelling mixed-use investment opportunity situated on Mansfield Road in Blidworth. It comprises two retail units at ground level, one of which has previously operated as a carpet shop, while the other is currently functioning as a locksmith and general store. There is also potential to convert the entrance hall area into an additional retail unit, pending necessary permissions. The upper floor offers spacious residential accommodation featuring three bedrooms, a living room, sun room, kitchen with utility space, and two bathrooms, along with two ground-floor WCs. Externally, the property is secured with quality fencing, enhancing both safety and curb appeal. With multiple income streams and various configuration options available upon obtaining planning consent, this property is ideal for investors or developers looking to maximize its investment potential. Located within a desirable Nottinghamshire village that provides excellent access to Mansfield and Sherwood Forest, this property warrants early viewing to fully appreciate its scale and future possibilities.

Investment Analysis

(NG21 area)

Below Market Value

This property is priced -30.8% below area average per sq ft

-30.8%
Potential saving
This Property
£151/sq ft
Area Average
£219/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£516,735
10% above area average per sq ft
Potential ROI
+37.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
64%
Properties sold annually

Local Market Trend (NG21)

Area prices are falling by +10.7% over the last 12 months
3 year growth: -3.1%
5 year growth: 16.4%
Investment Disclaimer: Analysis based on NG21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Mansfield Road, Blidworth, Mansfield, NG21 0RB
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,172
Based on a loan of £243,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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